Thursday, 10 November 2016

Reserve Bank cuts OCR to new low but no change for borrowers

The Reserve Bank has cut the official cash rate (OCR) to a new all time low, but the banks seem unlikely to pass any saving to borrowers.

from
http://www.stuff.co.nz/business/86304743/Reserve-Bank-cuts-OCR-to-new-low-but-no-change-for-borrowers

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